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Could players abandon consoles if the next generation continues its delay?

"The longer we wait for the next generation of consoles, the higher the likelihood that they could fall behind tablets in terms of being the first thing people reach for when the time comes to play games." - Crytek's Cevat Yerli.
"The longer we wait for the next generation of consoles, the higher the likelihood that they could fall behind tablets in terms of being the first thing people reach for when the time comes to play games."
- Crytek founder and CEO Cevat Yerli warns console makers about the hidden danger in waiting too long to usher in the next generation. I had heard the obvious arguments from retailers and game makers that a new generation will bring more money to our industry, and we're all aware of the market share being sucked up by smartphones and tablets lately. But it hadn't occurred to me until now that there might be a real danger of console players being lost to tablets forever if they're not enticed by new technology in the very near future. Is this a real threat? And if so, are we inevitably heading down a path where traditional console boxes will become extinct? Are the new consoles just slowing down the inevitable?

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